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Comcast TV subscriber losses accelerate in Q2; broadband, mobile growing

2018-07-26 14:46:00| Telecompaper Headlines

(Telecompaper) Comcast saw its TV subscriber losses accelerate to 140,000 in the second quarter, up from 34,000 in the year-earlier period. The cable operator's video revenues were down 1.9 percent year-on-year as the total video customer base dropped 1.8 percent from a year ago to 22.121 million.

Tags: mobile growing losses broadband

LG mobile losses widen in Q2 as sales fall 19%

2018-07-26 11:10:00| Telecompaper Headlines

(Telecompaper) LG Electronics saw losses at its smartphone business worsen in the second quarter, as the global market weakened and the company suffered from tough competition in the premium and mid-range segments. Revenues at the mobile division declined 19 percent year-on-year to KRW 2.07 trillion, and the operating loss widened to KRW 185 billion from KRW 140 billion a year ago and KRW 136 billion in Q1.

Tags: sales mobile fall losses

Purplebricks losses grow on international expansion

2018-07-05 09:15:53| BBC News | Business | UK Edition

The online estate agency only turned a profit in the UK as it entered new markets overseas.

Tags: international grow expansion losses

Lenovo posts FY loss as mobile losses offset PC recovery

2018-05-24 08:47:00| Telecompaper Headlines

(Telecompaper) Lenovo posted a net loss for its fiscal year to March of USD 189 million, versus a profit of USD 535 million a year earlier, hurt by continued losses at its smartphone and data centre businesses and a writedown of tax assets after the US corporate tax reform. Revenues rose 5 percent to USD 45.35 billion, as the PC division returned to growth, while operating profit dropped 42 percent to USD 387 million. The company maintained its dividend at HKD 20.5 cents per share.

Tags: pc posts mobile loss